ATLANTIC CITY, NJ—Last year was the best yearfor homebuilding in New Jersey since 2006 and 2015 is likely to seea return to historic levels, according to George Vallone, theincoming president of the New Jersey BuildersAssociation. Vallone sat for an exclusiveinterview with GlobeSt.com during Wednesday's session ofthe group's Atlantic Builders Convention inAtlantic City.
“We had roughly 28,000 building permits pulled, which is the keyindicator of new volume in housing starts,” saysVallone. “The average number of permits from 1960to 2006 was 36,000 a year, so you can see we haven't reached ourhistorical level of building volume yet, but we're well on our way,and I think that in 2015 we probably will hit that 36,000 startsnumber, so that bodes well that we are coming out of the recessionnow and we're starting to get back to normal building levels.”
Among public policy issues weighing on the building community,says Vallone, is the recent New Jersey SupremeCourt decision that essentially returns disputes over affordablehousing to the court system, stripping the Council onAffordable Housing (COAH) of its oversightresponsibilities.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
